Current:Home > ContactHalf of Southern California home on sale for 'half a million' after being hit by pine tree -Elevate Capital Network
Half of Southern California home on sale for 'half a million' after being hit by pine tree
View
Date:2025-04-12 16:42:14
Half of a Southern California home is on the market for half a million dollars and potential buyers are flocking to own the unusual residence.
The 645 square foot one-bedroom, one-bathroom bungalow in suburban Monrovia, northeast of Los Angeles, is listed for $499,999. The home, which was built in 1921, remains intact after a "gigantic" stone pine tree fell on it in May, Realtor Kevin Wheeler told USA TODAY.
"It's half a house for half a million," Wheeler said about the growing interest in the home. "That's what everybody is reacting to."
When the tree struck the home, luckily neither of the two owners was killed, according to Wheeler.
"There weren't a lot of places you could be without getting hit by the tree, and they happened to be just at the right spot to miss it," he said.
'We've had several good offers'
Although the home is only partially standing, the demand to buy it remains high due to the housing inventory in the area being scarce, according to Wheeler.
The home has only been on the market for about a week, he said.
"We've had several good offers," the realtor said. "If it wasn't for the attention that it's getting, it would be under contract right now."
Half of the home being destroyed prompted its owners to sell rather than pay hundreds of thousands of dollars to rehab it, the realtor said.
"They're older and they don't got the gas in the tank," Wheeler said about the owners. "They thought that it'd be better for them just to move on."
Would the home be worth $1 million if it was whole?
While many could conclude that if the home was whole then it would be worth $1 million, but Wheeler said that is not the case.
"There was a home on the same street that sold at the end of June for $900,000," according to the realtor. "That house was new construction."
The belief is that whoever buys the home will leave one wall and the rest of it will be new construction, Wheeler said.
"They'll probably make it a little bigger," he said.
Potential buyers have even come to Wheeler and said they planned on putting 1,000 more square feet on the house, the realtor said. Those interested in buying the home may only have a "couple more days" as Wheeler plans on leaving it on the market a tad bit longer, he added.
veryGood! (8)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- What is the keto diet? Experts break down the popular weight loss diet.
- Dallas Stars coach Peter DeBoer rips reporter who called his team 'lifeless' in Game 5 loss
- Will Smith makes rare red-carpet outing with Jada Pinkett Smith, 3 children: See photos
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Caitlin Clark and Indiana Fever edge Angel Reese and Chicago Sky for first home win, 71-70
- About 1 in 3 Americans have lost someone to a drug overdose, new study finds
- Marlie Giles' home run helps Alabama eliminate Duke at Women's College World Series
- In ‘Nickel Boys,’ striving for a new way to see
- Nevada State Primary Election Testing, Advisory
Ranking
- Retirement planning: 3 crucial moves everyone should make before 2025
- Pro-Palestinian protesters enter Brooklyn Museum, unfurl banner as police make arrests
- Live Nation reveals data breach at its Ticketmaster subsidiary
- Man accused of killing nursing student Laken Riley pleads not guilty in Georgia court
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Video shows anti-Islam activist among those stabbed in Germany knife attack
- Romance Writers of America falls into bankruptcy amid allegations of racism
- Dance Moms Alum Kelly Hyland Reveals How Her Kids Are Supporting Her Through Cancer Treatments
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Trump campaign says it raised $52.8 million after guilty verdict in fundraising blitz
'Heartbroken' Jake Paul reveals when Mike Tyson would like postponed fight to be rescheduled
Edmonton Oilers one win away from Stanley Cup Final. How they pushed Dallas Stars to brink
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
U.S. gymnastics must find a way to make the puzzle pieces fit to build Olympic team
University of the Arts abruptly announces June 7 closure, vows to help students transfer
Trump campaign says it raised $52.8 million after guilty verdict in fundraising blitz